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Nonprofit · EIN 85-3535030

PURSLEY FAMILY FOUNDATION INC

Tax-exempt · WHEATON, IL 60189

Financials

$81K$429K2023$100K$499K2024
Revenue Expenses · by fiscal year end
Financials of PURSLEY FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$99,572$499,388-$399,816$5,931,015$0$5,931,015
December 31, 2023990-PF$81,144$429,419-$348,275$6,330,831$0$6,330,831
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$130,446
Interest
$21,383
Net gain from sales of assets
-$88,074
Other income
$35,817

Expenses

Grants and similar amounts paid
$439,271
Disbursements for charitable purposes
$439,271
Excise tax on investment income
$1,281

Balance sheet and other

Total assets, start of year
$6,330,831
Total assets, end of year
$5,931,015
Total liabilities, end of year
$0
Net assets, end of year
$5,931,015
Fair market value of assets
$6,830,384
Qualifying distributions
$439,271
Net investment income
$152,294

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KATHERINE A PURLSEY
1755 SOUTH NAPERVILLE ROAD STE 200, WHEATON, IL 60189
PRESIDENT0$0
JAMES E PURSLEY
1755 SOUTH NAPERVILLE ROAD STE 200, WHEATON, IL 60189
SECRETARY/TR0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
KATHERINE A PURLSEY
1901 S WIESBROOK ROAD, WHEATON, IL 601897811
PRESIDENT0$0
JAMES E PURSLEY
1901 S WIESBROOK ROAD, WHEATON, IL 601897811
SECRETARY/TR0$0

Address and contacts

Address (IRS master file)
1755 S NAPERVILLE RD STE 200, WHEATON, IL 60189-5844
In care of
% KATHERINE A PURSLEY
Signed the 990-PF
JAMES E PURSLEY, SECRETARY/TREASURER
Phone
(630) 221-1755
Return prepared by
EVENHOUSE & CO PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
85-3535030
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2021
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$5,931,015
Income (IRS master file)
$1,490,012

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$99,572$499,388$5,931,015XML
990-PFDecember 2023$81,144$429,419$6,330,831XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-3535030).

Questions about PURSLEY FAMILY FOUNDATION INC

What is the EIN of PURSLEY FAMILY FOUNDATION INC?
The employer identification number (EIN) of PURSLEY FAMILY FOUNDATION INC is 85-3535030.
Is PURSLEY FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to PURSLEY FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PURSLEY FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of PURSLEY FAMILY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PURSLEY FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of PURSLEY FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does PURSLEY FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $99,572, expenses of $499,388 and total assets of $5,931,015 at year end.

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